Branches for the Lake Inc

Analysis

Branches for the Lake Inc is a registered charity in United States, based in Osage Beach, MO. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Branches for the Lake Inc reported income of $139k and spending of $99k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $182k to $139k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Branches for the Lake Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MO. Charities of a similar size with the same main cause include George Rogers Clark Athleticboosters Inc ($139k), Bellows Family Foundation ($139k) and Vegas Golden Knights Alumni Association Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $81k against liabilities of $1,643, net assets of $79k.